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<h1>Exim Bank Offers $2 Billion Credit to Bangladesh for Infrastructure, Requires 75% Indian Goods Sourcing.</h1> Exim Bank has established a USD 2 billion Line of Credit (LOC) with the Government of Bangladesh, effective from May 27, 2016, to fund social and infrastructure projects such as power, railways, and health. Under the agreement, at least 75% of goods and services must be sourced from India, with possible reductions for civil construction projects. The LOC has a utilization period of 48 to 72 months depending on the contract type. No agency commission is payable, but exporters can use their resources for commission payments. The circular is issued under FEMA regulations and requires compliance with relevant instructions.